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Basic Procedures for Cancellation of Shanghai Foreign Funded Companies

Updated:2022-7-19 9:34:36    Source:www.tannet-group.comViews:125

Please call 18101649652/021-58763186-8008 for information about the basic cancellation process of Shanghai foreign funded companies.
At present, we all want to know what the basic procedures are for the cancellation of foreign-funded enterprises in Shanghai. So I'll sort out the system with you. I hope it can help you.

1、 Introduction to basic procedures for cancellation of Shanghai foreign funded companies
1. Apply to the foreign investment examination and approval authority for approval of dissolution (10 working days)
2. A liquidation group shall be established and filed with and announced to the industrial and commercial authorities (5 working days)
3. Liquidation report issued by the liquidation group (3 months)
4. Submit the liquidation report to the foreign investment examination and approval authority and revoke the approval certificate
5. Cancellation to the tax bureau --- cancellation to the industrial and commercial authority
6. Handle the cancellation procedures of bank accounts, foreign exchange, finance, technical supervision, statistics, public security and other departments.
Note: the cancellation time generally takes 3-5 months. Many people will think that they have to log off. Why does it take so long? The reason is that the liquidation group has been on record for a long time. The liquidation group needs to clear up the company's property and propose a liquidation plan.

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